Cost of Living in Warrick County, Indiana
At a Glance
Rent burden measured as median gross rent as a percentage of renter household income (Census ACS B25071)
These figures are county medians, not a personal budget. Use them to frame rent, ownership, and income tradeoffs, then account for household size, commute, financing, insurance, taxes, debt, and local availability before making a decision.
How Warrick County Compares
Median monthly rent comparison
Detailed Housing Stats
National Ranking
Affordability Rank
Warrick County ranks #2,431 of 3,142 counties for affordability (bottom 23%)
Sourced county brief
Warrick County Median Monthly Owner Costs Reach 1,158 Dollars
Warrick County's median selected monthly owner cost for all owner-occupied units was $1,158, which is $207 above the Indiana unweighted county mean of $951. The median gross rent in the county was estimated at $1,061 per month, $150 higher than the state unweighted county mean of $911. The official ACS B25071 median gross rent as a percentage of household income was 25.2%, which is 1.7 percentage points below the state unweighted county mean of 26.9%. The median home value in the county was $242,500, which is $50,601 above the state unweighted county mean of $191,899. The median income for renter-occupied households was $54,241. These figures represent snapshots from the 2020-2024 ACS 5-Year Estimates and are not intended for use as relocation or financial advice. See ACS table B25088 for the underlying estimate.
Source record
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25064 Median Gross Rent
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25071 GRAPI
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25077 Median Home Value
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25088 Selected Monthly Owner Costs
- U.S. Census Bureau ACS 2020-2024 5-Year Estimates — B25119 Household Income by Tenure
Data version acs5-2020-2024 · Method cost-brief-v1
Cost of Living Advisory: Warrick County
Affordability Verdict
ACS B25071 estimates median gross rent at 25.2% of renter household income in Warrick County, which is below the 30% affordability benchmark. This is a median percentage among renter-occupied units, not the share of households above a threshold.
Rent vs. Own
Median gross rent is $1,061 per month; median selected monthly owner costs are $1,158. These ACS medians describe different tenure groups and are not a personalized rent-versus-buy calculation.
Income Needed
Using the common 30% budgeting benchmark, $42,440 in annual gross income would allocate 30% to the county's median gross rent. This is a reproducible illustration, not evidence that a particular household can afford housing.
Regional Context
The Indiana unweighted mean of county median rents is $911 per month. Warrick County's $1,061 median is 16.5% above that comparison value.
Data version acs5-2020-2024 · Method cost-advisory-v2
Affordability Calculator
See how your income compares to housing costs in Warrick County
Rent Burden
14.2%
of gross income
Max Housing (28% Rule)
$2,096
per month
Owner Cost Burden
15.5%
of gross income
You can likely afford the median home in Warrick County
Median home value is $242,500. Estimated monthly cost: $1,936 vs. your max of $2,096.
Rent Affordability Guide
Income Needed Calculator
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Based on the 30% rule for rent and 28% rule for housing costs (mortgage + owner costs). Mortgage estimate assumes 20% down, 7.2% interest, 30-year fixed.
Frequently Asked Questions
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See Today's RatesData: U.S. Census Bureau, American Community Survey (ACS) 5-Year Estimates (2020-2024). Data is informational only and is not personalized financial advice.
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